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Archive
- 11/7/2025 -
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Euro Currency Trust (FXE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the Euro Currency Trust (FXE). During the week, the FXE climbed 0.30 points, or 0.28%, and closed at 106.67 on Friday, November 7, 2025. Weekly volume was -22% below average.
 Long-term trend: [See FXE long-term trend chart]
A long-term uptrend had started on January 13, 2025 at 94.08 and reached 110.01 on September 17, 2025. FXE gained -15.93 points, or -16.93%, in 35 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (111.00) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXE may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See FXE medium-term trend chart]
A medium-term downtrend had started on October 16, 2025 at 107.88 and reached 105.82 on November 5, 2025. FXE lost 2.06 points, or 1.91%, in 2 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 105.59 and resistance is at 107.50. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See FXE weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since August 15, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See FXE short-term trend chart]
A short-term uptrend had started on November 5, 2025 at 105.82 and reached 106.89 on November 7, 2025. FXE gained -1.07 points, or -1.01%, in 2 days. The price is now at the 20.56% retracement level.
Daily Technical Indicators: [See FXE daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic.
The daily MACD line is below its signal line since October 29, 2025. The distance between MACD and the signal line is low and getting smaller.
A Parabolic SAR (stop and reversal) indicator (107.02) comes close to the price (106.67). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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